Rare detached legal duplex in Midtown Toronto offering exceptional flexibility and income potential. Situated on a 25 x 125 ft lot, the property features three self-contained units with separate kitchens and living areas, providing a total of 6 bedrooms and 3 bathrooms. Approved architectural plans allow the main house to expand from a legal duplex into a legal 4-unit multiplex, with an additional 2-storey garden suite permitted at the rear. Fire separations, egress requirements and structural notes have already been documented, creating a clear path for redevelopment. Located in the rapidly improving Fairbank neighbourhood, just steps to parks, schools, community amenities and the soon-to-open Fairbank LRT Station, with Eglinton West subway access nearby. A unique opportunity offering immediate rental income, long-term growth potential and multiple future-use possibilities. (id:4555)
PROPERTY SPECS
Price $999,900
City Toronto, Ontario
Bed / Bath 10 / 3 Full
Address 10 Fairbank Avenue
Listing ID W13867182
Style Duplex
Fireplace 1.00
Parking 3.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
FeaturesRavine, LevelOwnershipFreeholdViewsCity viewBasementFinished, Apartment in basement, Walk out, N/AHeating / CoolingElectric, OtherSewerSanitary sewerParking3.00